100+ Profit and Loss Questions for IBPS PO, SO, Clerk Pdf - 1

Question: 1

A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole lot at the rate of Rs. 6.50 per kg. What will be his gain percent?

(A) $$4{1}/{6}$$%

(B) $$6{1}/{4}$$%

(C) $$8{1}/{3}$$%

(D) 20%

Question: 2

A shopkeeper buys 144 eggs at 90 paise each. On the way of 20 eggs were broken. He sold the remaining eggs at Rs. 1.20 each. The percentage gain or loss is

(A) 14.8% gain

(B) 12.9% gain

(C) 8.5% loss

(D) 4.8% loss

Question: 3

A wholeseller buys 20 pens at the marked price of 16 pens to a retailer. The retailer in turn sells them at the marked price. Determine the gain or loss percent to the retailer.

(A) 20%

(B) 23%

(C) 25%

(D) 30%

Question: 4

Ram bought 1600 eggs at Rs.3.75 a dozen. He sold 900 of them at 2 for Rs. 1and the remaining at 5 for Rs.2. His percent gain or loss is

(A) 42%

(B) 45%

(C) 46%

(D) 48%

Question: 5

Nikita bought 3 kg of wheat at the rate of Rs.9.50 per kg and 40 kg of wheat at the rate of Rs.8.50 per kg and mixed them. She sold the mixture at the rate of Rs.8.90 per kg. Her total profit or loss in the transaction was

(A) Rs. 2 loss

(B) Rs. 2 profit

(C) Rs. 7 loss

(D) Rs. 7 profit